Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Australian Dollar/Lithuanian Litas (FOREX:AUDLTL)

Sidelines Mode (-55) - AUDLTL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid AUDLTL?

MarketClub looks at technical strength and momentum to determine if the timing is right for AUDLTL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_AUDLTL
Open High Low AUDLTL Price Change
2.0597424 2.0654774 2.0508099 2.0535380 -0.0062040
Entry Signal

MarketClub’s Trade Triangles for AUDLTL

long term down The long-term trend has been DOWN since May 1st, 2022 at 2.0685575

intermediate term up The intermediate-term trend has been UP since Jul 22nd, 2022 at 2.0431828

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 2.0722244

Smart Scan Analysis for AUDLTL

Based on our trend formula, AUDLTL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for AUDLTL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0597424 2.0654774 2.0508099 2.0535380 -0.0062040
Prev. Close Volume Bid Ask Time
2.0597424 2022-08-16 07:12:55
Get a free daily analysis and signals for Australian Dollar/Lithuanian Litas (AUDLTL) - Request Your Free Report.